All tax sales on:
11 December 2010All tax sales from:
City of Sault Ste MarieSale of Lands for Tax Arrears
by Public Tender
SALE OF LANDS BY PUBLIC TENDER
THE CORPORATION OF THE CITY OF SAULT STE. MARIE more info
TAKE NOTICE that tenders are invited for the purchase of the lands described
below and will be received until 3:00 p.m. local time on Wednesday January
12, 2011 at the City Tax Collector's Office, 2nd Floor, Civic Centre, 99 Foster
Drive, Sault Ste. Marie, Ontario.
The tenders will then be opened in public on the same day immediately
following the 3:00 pm deadline in the Russ Ramsay Board Room, 3rd Floor,
Civic Centre.
Property #1
Description of Land:
Roll No.: 5761-020-044-011-00. 503 Bay Street. PCL
2385 SEC AWS; PT WATER LT IN FRONT OF LT 9 S/S BAY ST PL
TOWN PLOT OF SAULT STE. MARIE AS IN LT 23085 EXCEPT PT 4 &
7 1R1463, SAULT STE. MARIE. PIN-31540-0074 (LT)
Minimum Tender Amount: $ 614,495.74
This tax sale is subject to cancellation in accordance with the provisions of
the Municipal Act's tax sale provisions.
Tenders must be submitted in the prescribed form and must be accompanied
by a deposit in the form of a money order or of a bank draft or cheque
certified by a bank or trust corporation payable to the municipality and
representing at least 20 per cent of the tender amount.
The municipality makes no representation regarding the title or any other
matters relating to the land to be sold, including but not limited to the potential
existence of environmental contamination, estates and interests of the federal
or provincial governments or their agencies, easements and restrictive
covenants, and interests acquired by adverse possession. Responsibility for
ascertaining these matters rests with the potential purchaser.
This sale is governed by the Municipal Act, 2001 and the Municipal Tax
Sales Rules made under that Act. The successful purchaser will be required
to pay the amount tendered plus accumulated taxes, penalties and interest,
HST if applicable, and the relevant land transfer tax.
The municipality has no obligation to provide vacant possession to the
successful purchaser.
The Municipal treasurer retains discretion under the Municipal Act to cancel
a tax sale at any time up to the registration of the tax deed.
For further information regarding this sale, copies of the prescribed tender
forms are available at the Tax Office, Main Level, Civic Centre or by calling
(705) 759-5290.
Personal information contained on this form, collected pursuant to the
Municipal Act, 2001 and Regulations thereunder, will be used for the purposes
of that Act. Questions should be directed to the Freedom of Information and
Privacy Coordinator at the institution responsible for procedures under that
Act.
Mr. Peter A. Liepa,
City Tax Collector
The Corporation of the City of Sault Ste. Marie
P. O. Box 580, 99 Foster Drive
Sault Ste. Marie, ON P6A 5N1
(143-P452) (705) 759-5269
MUNICIPAL ACT, 2001